Tag Archives: automated market maker

David Pennock wants you to believe that InTrade needs Robin Hanson’s automated market maker.

Posted on July 10, 2010 by Chris F. Masse

“Our market maker automatically adjusts its level of liquidity depending on trading volume. Prices start off very responsive and, as volume increases, liquidity grows, obviating the need to somehow guess the ‘right’ level before trading even starts.”

Posted in All Best Posts Ever, Analysis (Meta), Exchange & Market Designs, Exchanges & Markets, Market Makers (Automated), Market Trading, Mechanism Designs, Research, Software | Tagged , , , , , , , , , , | 1 Comment

InTrade should disclose what market-making automatism they are using to liquify the WSJ and FT play-money prediction markets.

Posted on March 10, 2008 by Chris F. Masse

- BetFair: Betfair Robot on Exchange Games Betfair Customer Services 13 Dec 16:51 From December 2007 Betfair has started employing its own software or “robots” to provide liquidity into the exchange games markets. It has been evident for some time … Continue reading →

Posted in Ethics, Gambling, Market Makers (Automated) | Tagged , , | 5 Comments

Bet2Give needs Peter McCluskey’s automated market maker.

Posted on January 11, 2008 by Chris F. Masse

Previously: An automated market maker subisdizes Robin Hanson’s presidential decision-aid markets on Intrade

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An automated market maker subisdizes Robin Hanson’s presidential decision-aid markets on Intrade

Posted on January 7, 2008 by Chris F. Masse

Peter McCluskey: Automated Market Maker for certain Intrade contracts I have implemented subsidies to encourage trading of some conditional prediction market contracts that may provide useful information about the consequences of the 2008 presidential election, via a simple automated market … Continue reading →

Posted in Exchange Genesis, Exchanges & Markets, Market Makers (Automated), X Groups | Tagged , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Nowhere is it disclosed that the WSJ Political Market is trafficked by special bots.

Posted on January 3, 2008 by Chris F. Masse

Justin Wolfers in the Wall Street Journal: The Wall Street Journal is running a political futures market where you can “trade” on candidates’ future performance or see how others assess their chances. An important remark is that the WSJ Political … Continue reading →

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Dead or Almost Dead

Posted on July 25, 2007 by Chris F. Masse

— Dead: CME Economic Derivatives — Auction format Economic Derivatives – (U.S.A.) — CME + ICAP + Longitude (previously with Goldman Sachs) — These financial instruments are traded through a Universal Dutch Auction format —an automated parimutuel technique. — OTC … Continue reading →

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FT Predict = play-money InTrade by the Financial Times

Posted on April 2, 2007 by Chris F. Masse

FT Predict – (ftpredict.com) About FT Predict â„¢: FT Predictâ„¢ is more than just a game. Predictive [*] markets collect the wisdom of the crowd* in a single dynamic price unit that can be far more sensitive to changes in … Continue reading →

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Inkling & Robin Hanson’s Market Scoring Rules

Posted on October 3, 2006 by Chris F. Masse

Inkling Markets is a new play-money prediction exchange. It does not use CDA, but MSR. It has recently been featured by TechCrunch, a very popular and informative Silicon Valley blog. Here’s what one of Inkling’s three two co-founders had to … Continue reading →

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